Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»EXCHANGE NEWS»Litecoin Price Prediction: LTC Rises 10% as Bulls Target $110.
EXCHANGE NEWS

Litecoin Price Prediction: LTC Rises 10% as Bulls Target $110.

By Crypto FlexsDecember 2, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Litecoin Price Prediction: LTC Rises 10% as Bulls Target 0.
Share
Facebook Twitter LinkedIn Pinterest Email

Litecoin price is rising above $90 against the US dollar. LTC could rise above $100 and head towards the $110 resistance.

  • Litecoin is steadily rising towards $100 against the US dollar.
  • The price is currently trading above $90 and the 100 simple moving average (4-hours).
  • On the 4-hours chart of the LTC/USD pair (data feed from Kraken), a breakout occurred above the main bearish trendline with resistance near $86.20.
  • The price could rise further to the $100 and $110 levels.

Litecoin price gains strength again

After forming a base above the $80 level, the price of Litecoin began a new rise against the US dollar. LTC price has now broken the $85 resistance level to start a rally.

On the 4-hours chart of the LTC/USD pair, a breakout occurred above the main bearish trendline with resistance near $86.20. The pair rose more than 10% and outperformed both Bitcoin and Ethereum. It even rose to the $92 level. A high was formed near $95.85 and the price is consolidating gains above the 23.6% Fib retracement level rising from the $81.70 swing low to the $95.85 high.

Litecoin is currently trading above $90 and the 100 simple moving average (4-hours). On the other hand, immediate resistance is near $96. The next major resistance is near the $100 level. If there is a clear break above the $100 resistance, the price could begin a strong rise once again.

Source: TradingView.com LTCUSD

As stated, the price is likely to continue higher towards the $108 and $110 levels. Any more profits could push the price of LTC towards the $120 resistance area.

Are Dips limited in LTC?

If Litecoin price fails to clear the $100 resistance level, there may be a downward correction. Initial support for the downside is near the $92 level.

The next major support is formed near the $88.50 level or the 50% Fib retracement level in the rise from the $81.70 swing low to the $95.85 high, below which there is a risk of a move towards the $85.00 support. Any further losses could push the price towards the $82 support level.

Technical indicators:

4-Hour MACD – MACD is now pacing in bullish territory.

4-Hour RSI (Relative Strength Index) – The RSI for LTC/USD is above the 50 level.

Key support levels – $92.50 followed by $88.50.

Key resistance levels – $96.00 and $100.00.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Cardano (ADA) Faces Selling Pressure – Is This the Start of a Trend?

October 12, 2025

Ethereum Price at Risk – Bears Lose Momentum Ahead of New Lows

October 9, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025
Add A Comment

Comments are closed.

Recent Posts

CME Group Launches CFTC Regulated Solana and XRP Options

October 13, 2025

Eightco Holdings Inc. ($ORBS) Makes Strategic Investment Into Mythical Games To Accelerate Human Verification And Digital Identity In Gaming

October 13, 2025

Jiuzi Holdings, Inc. (JZXN) Secures 100 Bitcoin Via Private Placement, Signaling New Phase In Crypto Treasury Deployment

October 13, 2025

Collaboration Across Bybit, DigiFT And UBS UMINT Expands Collateral Solution For Institutions

October 13, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 3.03 Million Tokens And Total Crypto And Cash Holdings Of $12.9 Billion

October 13, 2025

Phemex Announces Halloween Futures Trading Festival With 200,000 USDT Prize Pool

October 13, 2025

ViaBTC Unveils Enhanced Collateralized Loan Service For Global Miners

October 13, 2025

Tapbit secures strong presence at TOKEN2049 in Singapore

October 13, 2025

Tapbit Delivers A Strong Presence At TOKEN2049 Singapore

October 13, 2025

Touareg Group Expands Global Presence With Establishment Of U.S. Technology Subsidiary

October 13, 2025

Cardano (ADA) Faces Selling Pressure – Is This the Start of a Trend?

October 12, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

CME Group Launches CFTC Regulated Solana and XRP Options

October 13, 2025

Eightco Holdings Inc. ($ORBS) Makes Strategic Investment Into Mythical Games To Accelerate Human Verification And Digital Identity In Gaming

October 13, 2025

Jiuzi Holdings, Inc. (JZXN) Secures 100 Bitcoin Via Private Placement, Signaling New Phase In Crypto Treasury Deployment

October 13, 2025
Most Popular

Ethereum holders turned $38,000 into $30 million in 8 years.

November 7, 2024

Request submissions! DApps that solve real problems

March 4, 2024

CryptoMiningFirm Allows XRP Holders To Earn $17,969 Daily – CryptoMiningFirm Launches XRP Mining Contracts

September 10, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.